Buying Car Online

Published on June 2016 | Categories: Documents | Downloads: 36 | Comments: 0 | Views: 253
of 8
Download PDF   Embed   Report

Comments

Content

The adoption of the Web for high-involvement, high-cost purchases

Online Shopping as an Innovation
y An understanding of how and when the web might be used in the buying process may be improved if we consider the factors that are encouraging and/or discouraging adoption throughout the buying process. y Continuous innovations have only a limited effect on consumption patterns and they would be used similarly to the existing products or services. y The World Wide Web is a good example

Adoption and Innovation Resistance
y Traditional diffusion theory (Rogers, 1995) suggests that the characteristics of an innovation are important determinants of the rate of the adoption. y Due to the novelty of online car buying and the length of the purchase cycles for cars, it is unlikely that this innovation is routine for many people. y The resistance offered by consumers to an innovation, either because it poses potential changes from a satisfactory status quo or because it con icts with their belief structure.

Factor affecting adoption of online services
y Relative Advantage and Value Barrier y Compatibility and Usage, y Tradition and Image Barriers y Complexity and Self-efficacy y Trial ability and Risk Barrier y Observability

Comparison of adoption theory and innovation resistance

Research Approach
y Primary research aims to explore the value of innovation attributes and innovation resistance theory in providing insight into how and why consumers are using the Web to purchase high-value, high-involvement goods. y As the study aims to gain an understanding of attitudinal factors that affect a complex decision-making process, qualitative research methods were employed. y Respondents were recruited using a convenience sample from the south of England. y In order to ensure that the respondents quali ed to the requirements of the study, a method of direct screening was utilized.

FINDINGS AND DISCUSSION
y The findings suggest reasons why adoption of the Web as a source of information for high-value, high-involvement goods has been relatively high, whereas the conversion to actual purchase has remained low. y There appears to be significant innovation resistance to online car buying, resulting in a rejection of the innovation by many consumers. y During later stages, resistance can be attributed to tradition and usage, which is expressed in the social aspects of the buying process and the need for test-driving during the evaluation stage.

Sponsor Documents

Or use your account on DocShare.tips

Hide

Forgot your password?

Or register your new account on DocShare.tips

Hide

Lost your password? Please enter your email address. You will receive a link to create a new password.

Back to log-in

Close